Calibre Mining is making progress with the construction of the Valentine Gold Mine, with 73% of the construction completed. The company is on schedule and on budget, with first gold production anticipated in Q2 2025. Calibre has also received environmental approval for the development and operation of the Vulcan gold deposit, which is located just five kilometers south of the Libertad mill. The company has been added to the S&P TSX composite index, which will increase awareness and potentially attract new shareholders and funds. B2Gold has reduced its share position in Calibre, but the company has gained new long-term, low-turnover resource funds as shareholders. With the expected better second half of 2024 and the increasing completion of Valentine, a re-rating is very likely.
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